GSTR 1 - This is a monthly return that should be filed by every registered taxpayer, which contains details of all outward supplies i.e sales.
GSTR 3B - This is a summary return with contains the detail of net tax liability based on the output & input tax. Due date of filing this return is 20th of every month.
CMP 08 - A taxpayer who has opted for the composition scheme has to file CMP-08 for every quarter.
GSTR5 - Every registered non-resident taxable person is required to furnish a return in GSTR-5.
GSTR 6 - This is a monthly return that has to be filed by an Input Service Distributor.
GSTR 7 - This is a return to be filed by the persons who is required to deduct TDS (Tax deducted at source) under GST
GSTR 8 - This is a return to be filed by the e-commerce operators who are required to deduct TCS (Tax collected at source) under GST.
GSTR 9 - This is an annual return to be filed yearly by taxpayers registered under GST.
Avoid Penalty - Failure to file GST return leads to a stringent daily late filing penalty i.e Rs. 200 per day and maximum upto Rs. 5000 of each return.
Avoid Cancellation - Your GST Registration certificate will be cancelled if you don’t file GST Return.
Input Tax Credit - Neither you nor your customer can avail ITC if you don’t file GST Return.
E- way Bill - In case a trader has not filed GST returns for 2 successive months, he can’t generate E-way Bill for transportation of goods.
